interest rates
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Banking
What’s Going On? Behind the Downward Spiral of Global Interest Rates
Interest, or the money paid to someone for the privilege of using their capital, has historically always been positive. When you put money into a certificate of deposit, savings, or other deposit account, the bank uses the cash you’ve entrusted to them to loan out to other borrowers or make other investments. You earn interest for giving them the opportunity,…
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